515 Illinois Ave Elgin, IL 60120
Southeast Elgin NeighborhoodEstimated payment $2,194/month
Highlights
- Hot Property
- Main Floor Bedroom
- Workshop
- Wood Flooring
- Home Office
- 2.5 Car Detached Garage
About This Home
Charming 4-bedroom Cape Cod nestled in the heart of Elgin! This home features a bright living room filled with natural light, a spacious kitchen with plenty of cabinet storage, a built-in oven, and a cozy eating area. Two main-level bedrooms paired with a full bath offer a highly sought-after layout. The inviting sunroom is the perfect spot to enjoy your morning coffee overlooking the outdoor space. Upstairs, you'll find two generously sized bedrooms and another full bath. The finished basement provides even more living space, complete with a family room with bar area, a versatile bonus room ideal for a home office, a laundry room with utility sink, a half bath, and a dedicated workroom. A detached 2-car garage adds convenience. Ideally located just steps from the Fox River and close to shopping, dining, schools, parks, Grand Victoria Casino, and the Metra Station-this home truly has it all!
Listing Agent
Legacy Properties, A Sarah Leonard Company, LLC License #475122634 Listed on: 04/30/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,157
Year Built
- Built in 1954
Lot Details
- 7,405 Sq Ft Lot
- Fenced
Parking
- 2.5 Car Detached Garage
- Parking Available
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,080 Sq Ft Home
- 1.5-Story Property
- Window Screens
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Home Office
- Workshop
- Utility Room with Study Area
Kitchen
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- In-Law or Guest Suite
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Enclosed Patio or Porch
Schools
- Huff Elementary School
- Ellis Middle School
- Elgin High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- 100 Amp Service
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,157 | $84,931 | $14,772 | $70,159 |
| 2023 | $5,859 | $76,728 | $13,345 | $63,383 |
| 2022 | $5,546 | $69,962 | $12,168 | $57,794 |
| 2021 | $5,300 | $65,409 | $11,376 | $54,033 |
| 2020 | $4,924 | $59,987 | $10,860 | $49,127 |
| 2019 | $4,777 | $57,142 | $10,345 | $46,797 |
| 2018 | $3,862 | $45,060 | $9,746 | $35,314 |
| 2017 | $3,764 | $42,597 | $9,213 | $33,384 |
| 2016 | $3,575 | $39,518 | $8,547 | $30,971 |
| 2015 | -- | $36,222 | $7,834 | $28,388 |
| 2014 | -- | $35,775 | $7,737 | $28,038 |
| 2013 | -- | $41,797 | $7,941 | $33,856 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2026 05/05/26 | Pending | -- | -- | -- | |
| 04/30/2026 04/30/26 | For Sale | $314,850 | +82.5% | $151 / Sq Ft | |
| 11/27/2019 11/27/19 | Sold | $172,500 | -1.1% | $138 / Sq Ft | View Prior Sale |
| 10/29/2019 10/29/19 | Pending | -- | -- | -- | |
| 10/17/2019 10/17/19 | Price Changed | $174,500 | -1.4% | $140 / Sq Ft | |
| 10/07/2019 10/07/19 | Price Changed | $177,000 | -1.4% | $142 / Sq Ft | |
| 09/22/2019 09/22/19 | For Sale | $179,500 | -- | $144 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $172,500 | Fidelity National Title | |
| Warranty Deed | $116,000 | Century Title Co | |
| Interfamily Deed Transfer | $10,493 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,500 | VA | |
| Previous Owner | $114,929 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12634143
APN: 06-24-278-003
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.